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8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 1
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 2
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 3
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 4
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 5
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 6
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 7
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 8
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 9
8 Penalverne Place, Penzance, Cornwall TR18 2RQ - Image 10

8 Penalverne Place, Penzance, Cornwall TR18 2RQ

South West

£150,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This end-of-terrace three-bedroom house presents a significant opportunity for renovation in the desirable area of Penzance. The property features an adaptable living/dining area, a kitchen that could benefit from modernization, and three bedrooms alongside a bathroom. With PVCU double glazing and gas central heating already in place, the groundwork for a comfortable home is established, yet the overall condition indicates that comprehensive refurbishment is required. A rear garden provides additional outdoor space to enhance the property's appeal. This investment is ideal for buyers looking to create their dream home or capitalize on rental potential in a vibrant coastal town.

Investment Analysis

(TR18 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR18)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -3.1%
5 year growth: +18.6%
Investment Disclaimer: Analysis based on TR18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

8 Penalverne Place, Penzance, Cornwall TR18 2RQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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